Agreements Requiring UT System Review

Requirements for OGC Approval

There are certain contracts that require review and approval by the Office of General Counsel prior to execution. If your contract falls into one of the categories noted below, the Business Contracts Office will review the agreement locally and then forward to the Office of General Counsel for approval as to legal form. These categories include, but may not be limited to, the following:

• Non-standard Business Contracts exceeding $500,000. This requirment does not apply to those contracts designated by UT System as Standard Contracts. To view a list of Standard Contracts, refer to http://www.utsystem.edu/ogc/contracts/standard.htm

• Special Procedure Contracts: These contracts require OGC approval regardless of monetary value and include contracts related to health & safety issues, collection agencies, real property, athletic-specific agreements, and software development. For a full list of “special procedure contracts”, go to http://www.utsystem.edu/ogc/contracts/specialcontracts.htm.

Contracts Requiring Board Approval

Certain contracts require the review and approval by the University of Texas System Board of Regents prior to execution. As a general rule, all contracts with a value exceeding $1,000,000 must be approved by the Board. There are, however, certain exceptions to this general rule. For examples, all contracts with foreign government must be approved by the Board, regardless of the dollar value of the contract.

For a complete summary of contracts requiring Board approval, please click below: Contracts requiring UT System Board of Regents Approval

UT System Office of General Counsel (OGC) Guidelines

OGC maintains specific contractual policies for UT components as well as a variety of helpful guidelines, processes, and teaching tools. In addition, OGC has developed numerous templates, standard contracts, and explanations to contract policies and requirements. Such beneficial tools can be found at
http://www.utsystem.edu/ogc/contracts.htm.